PEIREN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PEIREN
Largest movements
- Tangible fixed assets -€359,178
down €359,178 (-11.1%), from €3.2m to €2.9m
of which Leasing and similar rights: -€297,720
- Stocks and contracts +€278,781
up €278,781 (+97.4%), from €286,077 to €564,858
- Deferred charges and accrued income -€107,249
down €107,249 (-85.7%), from €125,181 to €17,932
- Debts after one year -€414,167
down €414,167 (-25.2%), from €1.6m to €1.2m
- Trade debts +€286,688
up €286,688 (+81.0%), from €354,004 to €640,692
- Current portion of long-term debt -€94,308
down €94,308 (-11.5%), from €818,563 to €724,255
- Depreciation +€80,079
up €80,079 (+10.8%), from €742,960 to €823,039
- Other operating charges -€30,152
down €30,152 (-96.7%), from €31,183 to €1,031
- Taxes -€29,861
down €29,861 (-63.4%), from €47,076 to €17,215
- Financial charges +€23,782
up €23,782 (+50.8%), from €46,842 to €70,623
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,597,411 | €4,388,853 | -€208,558 | -4.5% |
| Fixed assets | 21/28 | €3,242,980 | €2,883,252 | -€359,728 | -11.1% |
| Intangible fixed assets | 21 | €551 | - | -€551 | |
| Tangible fixed assets | 22/27 | €3,242,430 | €2,883,252 | -€359,178 | -11.1% |
| Plant, machinery and equipment | 23 | €1,150,966 | €1,094,159 | -€56,807 | -4.9% |
| Furniture and vehicles | 24 | €5,391 | €742 | -€4,650 | -86.2% |
| Leasing and similar rights | 25 | €2,086,072 | €1,788,352 | -€297,720 | -14.3% |
| Current assets | 29/58 | €1,354,431 | €1,505,601 | +€151,171 | +11.2% |
| Stocks and contracts in progress | 3 | €286,077 | €564,858 | +€278,781 | +97.4% |
| Stocks | 30/36 | €286,077 | €564,858 | +€278,781 | +97.4% |
| Amounts receivable within one year | 40/41 | €851,004 | €823,683 | -€27,321 | -3.2% |
| Trade receivables | 40 | €598,536 | €689,438 | +€90,902 | +15.2% |
| Other amounts receivable | 41 | €252,469 | €134,245 | -€118,224 | -46.8% |
| Cash at bank and in hand | 54/58 | €92,169 | €99,128 | +€6,960 | +7.6% |
| Deferred charges and accrued income | 490/1 | €125,181 | €17,932 | -€107,249 | -85.7% |
| Total equity and liabilities | 10/49 | €4,597,411 | €4,388,853 | -€208,558 | -4.5% |
| Equity | 10/15 | €1,370,778 | €1,415,134 | +€44,356 | +3.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,320,778 | €1,365,134 | +€44,356 | +3.4% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,292,028 | €1,336,384 | +€44,356 | +3.4% |
| Amounts payable | 17/49 | €3,226,633 | €2,973,719 | -€252,914 | -7.8% |
| Amounts payable after more than one year | 17 | €1,641,692 | €1,227,525 | -€414,167 | -25.2% |
| Financial debts | 170/4 | €1,641,692 | €1,227,525 | -€414,167 | -25.2% |
| Amounts payable within one year | 42/48 | €1,584,941 | €1,746,195 | +€161,253 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €818,563 | €724,255 | -€94,308 | -11.5% |
| Financial debts | 43 | €330,000 | €330,000 | = | 0.0% |
| Credit institutions | 430/8 | €330,000 | €330,000 | = | 0.0% |
| Trade debts | 44 | €354,004 | €640,692 | +€286,688 | +81.0% |
| Suppliers | 440/4 | €354,004 | €640,692 | +€286,688 | +81.0% |
| Taxes, remuneration and social security | 45 | €82,375 | €51,248 | -€31,126 | -37.8% |
| Taxes | 450/3 | €82,375 | €51,248 | -€31,126 | -37.8% |
| Remuneration, social security and pensions | 62 | - | €530 | +€530 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €742,960 | €823,039 | +€80,079 | +10.8% |
| Other operating charges | 640/8 | €31,183 | €1,031 | -€30,152 | -96.7% |
| Gross operating margin | 9900 | €941,621 | €946,672 | +€5,051 | +0.5% |
| Operating profit (loss) | 9901 | €167,478 | €122,071 | -€45,407 | -27.1% |
| Financial income | 75/76B | €5,197 | €10,123 | +€4,926 | +94.8% |
| Recurring financial income | 75 | €5,197 | €10,123 | +€4,926 | +94.8% |
| Financial charges | 65/66B | €46,842 | €70,623 | +€23,782 | +50.8% |
| Recurring financial charges | 65 | €46,842 | €70,623 | +€23,782 | +50.8% |
| Profit (loss) for the period before taxes | 9903 | €125,833 | €61,571 | -€64,262 | -51.1% |
| Income taxes | 67/77 | €47,076 | €17,215 | -€29,861 | -63.4% |
| Profit (loss) for the period | 9904 | €78,757 | €44,356 | -€34,401 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €78,757 | €44,356 | -€34,401 | -43.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.